U.S. farmers suffer 'body blow' as China slams door on farm purchases

After 803 past bearish trade events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% over 20.

• Jan 7, 2019U.S. farmers fret as Chinese soy purchases move elsewhere | Farmtario-1.1%
• Aug 1, 2019China’s U.S. Soybean Purchases Slump to 2004 Low-1.8%
• Apr 7, 2026Chinese pigs fed new menu as Beijing weans farmers off US soy | Reuters-0.4%
• Apr 24, 2023US corn falls after China cancels purchases; drags wheat, soy lower-2.6%
• Oct 3, 2025US soybean farmers, deserted by big buyer China, scramble for other importers | Reuters-0.1%

After 384 past bearish trade events, Soybean Meal moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and -0.5% over 20.

• Apr 7, 2026Chinese pigs fed new menu as Beijing weans farmers off US soy | Reuters+4.5%
• Oct 3, 2025US soybean farmers, deserted by big buyer China, scramble for other importers | Reuters-0.0%
• Aug 13, 2025US losing out on China soybean sales as Brazil fills key supply period | Reuters+3.1%
• Mar 2, 2019As trade war wears on, U.S. soybean farmers start to worry that China's demand won't return-1.4%
• May 13, 2026China Sees Its Soy Imports Sliding Just as US Farmers Eye Deals - Bloomberg-0.2%